Probate: guardians and conservators; powers and duties; modify. Amends secs. 5410 & 5423 of 1998 PA 386 (MCL 700.5410 & 700.5423). TIE BAR WITH: HB 4169'25

Summary

The bill changes Michigan’s Estates and Protected Individuals Code so that courts must generally require a conservator to post a bond when the estate’s liquid assets exceed a statutory limit, unless specific exceptions apply. It also gives conservators—especially those handling the estate of an unmarried minor with no parental rights—a wide range of powers to manage, invest, and dispose of estate property without needing additional court orders. The changes aim to protect estate assets while giving conservators more flexibility to act.

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